Amex Membership Rewards Points: Value, Transfer Partners and Cards (2026)
Quick answer: Amex Membership Rewards points are worth 1.4¢ each in MaxWorth's valuation, so 100,000 points come to about $1,400. They transfer to 16 airlines and 4 hotel programs. 10 US credit cards earn them.
What your points are worth
Membership Rewards is worth the most when you transfer to airline partners, and Amex has one of the longest airline lists of any bank. Cashing out is weak: statement credits and most Amex Travel bookings return less than 1 cent per point. Business Platinum holders get an extra option, a 35% rebate on flights paid with points.
| Balance | At 1.4¢ each |
|---|---|
| 10,000 | $140 |
| 25,000 | $350 |
| 50,000 | $700 |
| 100,000 | $1,400 |
Ways to redeem
| Option | Value per point | Notes |
|---|---|---|
| Transfer to airline and hotel partners | varies | Available on cards that earn Membership Rewards, such as Platinum, Gold, Green, Business Platinum, Business Gold and Blue Business Plus. |
| Amex Travel flights (Pay with Points) | 1¢ | Flights booked through Amex Travel. |
| Business Platinum 35% airline bonus | about 1.54¢ | 35% of points back on flights paid with points with your selected airline, up to 1,000,000 points back per calendar year. Business Platinum only. |
| Deposit to Amex Business Checking | 1¢ | 1¢ for the first 1,000,000 points a year with a linked Business Platinum, then 0.8¢. |
| Amex Travel prepaid hotels and other travel | 0.7¢ | |
| Statement credit | 0.6¢ | The weakest common option. |
Transfer partners (20)
In most cases transfers start at 1,000 points in 1,000-point steps and can't be reversed. Transfers to U.S. airlines (Delta and JetBlue) carry an excise tax offset fee of $0.0006 per point, up to $99.
| Partner | Type | Ratio | Award seats |
|---|---|---|---|
| Aer Lingus AerClub | Airline | 1:1 | – |
| Aeromexico Rewards 1,000 points = 1,600 Aeromexico points. | Airline | 1:1.6 | Search in app |
| Air Canada Aeroplan | Airline | 1:1 | Search in app |
| Air France-KLM Flying Blue | Airline | 1:1 | Search in app |
| ANA Mileage Club | Airline | 1:1 | – |
| Avianca LifeMiles | Airline | 1:1 | Search in app |
| British Airways Club | Airline | 1:1 | – |
| Cathay Pacific Asia Miles 1,000 points = 800 Asia Miles. | Airline | 5:4 | – |
| Delta SkyMiles Excise tax offset fee applies. | Airline | 1:1 | Search in app |
| Emirates Skywards Cut from 1:1 in September 2025. | Airline | 5:4 | Search in app |
| Iberia Club | Airline | 1:1 | – |
| JetBlue TrueBlue 250 points = 200 TrueBlue points. Excise tax offset fee applies. | Airline | 1:0.8 | Search in app |
| Qantas Frequent Flyer | Airline | 1:1 | Search in app |
| Qatar Airways Privilege Club | Airline | 1:1 | Search in app |
| Singapore Airlines KrisFlyer | Airline | 1:1 | Search in app |
| Virgin Atlantic Flying Club | Airline | 1:1 | Search in app |
| Choice Privileges | Hotel | 1:1 | – |
| Hilton Honors 1,000 points = 2,000 Hilton points. | Hotel | 1:2 | – |
| Leading Hotels of the World Leaders Club Added Jul 28, 2026. 1,000 points = 250 Leaders Club points. | Hotel | 4:1 | – |
| Marriott Bonvoy | Hotel | 1:1 | – |
"Search in app" means Award Search in the MaxWorth app, which shows award seat availability for these programs.
Cards that earn Amex Membership Rewards (10)
| Card | Annual fee | Top earn rates | Can transfer? |
|---|---|---|---|
| Amex Business Platinum | $895 | 2x Large Purchase · 2x Electronics · 2x Shipping | Yes |
| Amex Morgan Stanley Platinum | $895 | 5x Flights · 1x Everything else | Yes |
| Amex Platinum | $895 | 5x Flights · 1x Everything else | Yes |
| Amex Schwab Platinum | $895 | 1x Everything else | Yes |
| Amex Business Gold | $375 | 1x Everything else | Yes |
| Amex Gold | $325 | 4x Dining · 4x Groceries · 3x Flights | Yes |
| Amex Green | $150 | 3x Travel · 3x Dining · 3x Transit | Yes |
| Amex EveryDay Preferred | $95 | 3x Groceries · 2x Gas · 1x Everything else | Yes |
| Amex Blue Business Plus | $0 | 2x Everything else | Yes |
| Amex EveryDay | $0 | 2x Groceries · 1x Everything else | Yes |
Also earning these points, but closed to new applicants: Amex Centurion Card.
Cards that earn Membership Rewards can transfer. Blue Cash Everyday and Blue Cash Preferred earn Reward Dollars, which are cash back and can't be transferred. Accounts whose only linked card is a legacy card, such as Blue from American Express, can't transfer either.
Good to know
- Expiration
- Membership Rewards points don't expire. If you cancel your last card linked to the account, all points are forfeited immediately, so redeem or transfer them first.
- Pooling and sharing
- All your enrolled Amex cards share one Membership Rewards account. Points can't move to another person's account, but you can transfer them to an Additional Card Member's own airline or hotel account once their card is at least 90 days old.
Frequently asked questions
How much are 100,000 Amex Membership Rewards points worth?
About $1,400 at MaxWorth's valuation of 1.4¢ per point. What you actually get depends on how you redeem; see the redemption options above.
Is there a fee to transfer Amex points to Delta or JetBlue?
Yes. Amex charges an excise tax offset fee of $0.0006 per point, up to $99 per transfer, on transfers to U.S. airline programs.
Can I still transfer Amex points to Etihad?
No. Amex ended transfers to Etihad Guest on Jun 30, 2026. Capital One and Citi still transfer to Etihad at 1:1.
Can I share Membership Rewards points with my spouse?
Not directly. Points can't move to another person's Rewards account. You can add your spouse as an Additional Card Member and, after 90 days, transfer points to their own airline or hotel account.
Track Amex Membership Rewards next to every other balance.
The MaxWorth app turns each points balance into dollars at these valuations and searches award seats for airline partners. No bank login needed.
Sources: americanexpress.com · americanexpress.com · bankrate.com · nerdwallet.com · frequentmiler.com · point.me. Always confirm current terms with the issuer or program.